Ethiopia: Telecom Liberalization Enhances Ethiopia's Moves to Digital Economy

ADDIS ABABA - Apart from providing world class telecom services, the involvement of multinational operators to Ethiopia's emerging telecom business would have a paramount importance to enhance the penetration of mobile banking and accelerate the country's journey towards digital economy, a renowned economic expert said.

The economist Eyob Tesfaye (PhD) told The Ethiopian Herald that among other benefits, the coming of multinational operators including the Safaricom-led Consortium is paving the way for access to financial services, as it is widely expected the companies would be engaged in mobile banking.

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